Lithonia, GA Foreclosures
How much do homes sell for in Lithonia, GA?
The average home price is currently $273,235.
In Lithonia, GA, how many homes are available?
There are currently 194 active home listings available in Lithonia.
What’s the average rental cost in Lithonia, GA?
The average rental price in Lithonia is $1,294.
What is the most expensive home in Lithonia?
The most expensive home sold in Lithonia had a price of $13,446,300.
What is currently the cheapest priced home in Lithonia, GA?
The cheapest home for sale in Lithonia is priced at $10,080.
Living in Lithonia, GA
Lithonia, GA is a serene suburb located just outside of Atlanta. It features a rich history, diverse amenities, and beautiful parks, making it an ideal location for families and outdoor enthusiasts. Residents enjoy easy access to both nature and city life, creating a perfect blend of suburban and urban living.
Current Market Conditions in Lithonia, GA
The real estate market in Lithonia, GA, has shown a steady increase in demand over the past year, primarily due to its appealing suburban lifestyle and affordability compared to nearby Atlanta. With many families and first-time homebuyers looking to settle down, property values have been on the rise, reflecting a healthy market.
In recent months, there has been a notable increase in home sales, with many properties receiving multiple offers within days of listing. The low-interest rates have spurred buyer activity, creating a competitive atmosphere in the market.
Home Value Estimator For Lithonia, GA
There are currently 32,549 real estate properties
in Lithonia, GA,
with a median automated valuation model (AVM) price
of $257,205.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lithonia, GA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lithonia, GA,
is $273,235.00, with the most expensive house
in Lithonia, GA, topping out
at $13,446,300.00 and the cheapest home
in Lithonia, GA,
clocking in at $10,080.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lithonia, GA!
Rent Prices
In Lithonia, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lithonia, GA, is on
a rollercoaster ride. The
average rent price in Lithonia, GA,
is $1,294.00. Indeed, when looking to rent in
Lithonia, GA, you can expect to pay as little
as $700.00 or as much
as $3,880.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Lithonia, GA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
